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2018 Essential Financial and Operating Information for the 50 Largest Logistics Companies in North America
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Rankings
Rank Company Total Refrigerated Storage (Millions of Cu. Ft.) No. of Warehouses
1 Americold Logistics 945.0 160
2 Lineage Logistics 600.0 114
3 Preferred Freezer Services 300.0 37
4 United States Cold Storage 270.0 38
5 XPO Logistics 141.8 401
6 VersaCold Logistics Services 118.0 31
7 Interstate Warehousing 100.0 7
8 Cloverleaf Cold Storage 91.0 17
9 Henningsen Cold Storage 60.0 11
10 Conestoga Cold Storage 37.0 5
11 Hanson Logistics 37.0 9
12 Allied Frozen Storage 35.0 7
13 Trenton Cold Storage 28.0 8
14 FST Logistics 22.5 6
15 NFI 15.9 130
16 Agro Merchants Group 7.5
17 Penske Logistics 1.9 87
18 Peoples Services Inc. 1.2 37
Extras
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55

On the Bubble

Verst Group ($172 million), Walton, Ky., provides air and ocean freight forwarding, customs brokerage, dedicated contract carriage, freight brokerage, freight payment and auditing, intermodal and drayage, inventory management and packaging, order fulfillment, returned goods management, supply chain consulting, transportation management and warehousing and distribution.
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Logistics News
Business, Technology, Logistics, Top 50

African Logistics Company Lori Announces Expansion

Lori Systems, a logistics startup based in Kenya, Africa, recently announced expansion into Uganda, Rwanda and South Sudan.

October 26, 2018
Business, Logistics, Top 50, Top 100

Universal Logistics Reports Best-Ever 3Q Results

Universal Logistics Holdings reported its best third quarter ever, following a trend of record-setting financial reports by freight carriers this year.

Daniel P. Bearth | Staff Writer
October 25, 2018
Business, Logistics, Top 100

USA Truck Continues Turnaround With Improved Results in 3Q

USA Truck reported higher revenues and profits in the third quarter of 2018, continuing a financial turnaround started in 2017.

Daniel P. Bearth | Staff Writer
October 25, 2018
Business, Logistics

LTL Carrier Old Dominion 3Q Financials Beat Analysts’ Expectations

Citing the strong U.S. economy and available capacity, Old Dominion Freight Line Inc. produced record results for revenue and profitability during the third quarter, CEO Greg Gantt said Oct. 25.

Dan Ronan | Senior Reporter
October 25, 2018
Business, Logistics

Truck Tonnage Dips, but Freight Outlook Remains Strong

A year-long surge in freight volume continues despite a modest dip in a widely followed truck tonnage index over the past two months.

Daniel P. Bearth | Staff Writer
October 25, 2018
Government, Business, Technology, Fuel, Logistics, Top 50, Top 100

UPS, Seattle to Launch eBike Downtown Delivery Program

UPS Inc. and Seattle Mayor Jenny Durkan announced Oct. 25 the parcel delivery company will begin a pilot project aimed at reducing congestion downtown and addressing air quality concerns. Delivery drivers will use electric pedal-assist cargo bicycles with a customized modular trailer attached to the back of the bike.

Dan Ronan | Senior Reporter
October 25, 2018
Business, Logistics, Top 100

Knight-Swift Says 3Q Results Reflect ‘Progress’ in All Segments

Knight-Swift Transportation Holdings beat analysts’ profit projections in the third quarter as cost-cutting measures implemented after the acquisition of Swift Transportation in September 2017 compensated for slower-than-expected growth in revenue.

Daniel P. Bearth | Staff Writer
October 24, 2018
Business, Logistics, Top 50, Top 100

UPS Reports Strong Revenue Growth, Higher Profits in 3Q

UPS Inc. reported strong revenue growth and higher profits in the third quarter, despite international headwinds from currency valuations, rising fuel costs and ongoing investment in transformation initiatives.

Daniel P. Bearth | Staff Writer
October 24, 2018
Business, Logistics

Kansas City Southern Sets Revenue Record in Third Quarter

Kansas City Southern on Oct. 19 reported record revenue for the third quarter, buoyed by a 17% increase in chemical and petroleum products and an 8% jump in automotive and intermodal shipments.

Dan Ronan | Senior Reporter
October 24, 2018
Business, Logistics

Imperial Logistics to Operate Volkswagen Group Packaging Center in Germany

Imperial Logistics will begin operating a new Volkswagen Group packaging center in Germany in April as part of the group’s decision to distribute parts through JadeWeserPort.

October 23, 2018
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